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"Sara Lee Corporation announced today that it has signed an agreement for the acquisition of St. Louis-based The Earthgrains Company for $40.25 per Earthgrains share, payable in cash. The total value of the acquisition, including the assumption of Earthgrains&amp;#39; outstanding debt, is $2.8 billion. With the acquisition of Earthgrains, Sara Lee more than quadruples its annual bakery sales to become the nation&amp;#39;s second-largest fresh bread company, and gains a strong distribution system to extend its Sara Lee brand franchise."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-food.com/news/sara-lee-corporation-to-acquire-earthgrains-for-28-billion_id77953.aspx>